only fans

[alizay]

New York
I have started an only fans and it states I have to fill out a "w9." do you have to file taxes for only fans income? also is there any way I can do it all online?

 

[LdiJ]

New York
I have started an only fans and it states I have to fill out a "w9." do you have to file taxes for only fans income? also is there any way I can do it all online?

You have to file taxes for ANY income that you earn from ANY source. If I understand properly what an "only fans" is you will also be paying self employment tax on the income.

 

[Zigner]

... is there any way I can do it all online?

Do what "all online"?

The W9 is a form that you must submit to the company. It needs to be signed, but almost definitely can be scanned & emailed vs mailing a hard copy. If you're careful, you can probably just take a picture of the completed form and email that.

 

[zddoodah]

I have started an only fans

Huh?

and it states I have to fill out a "w9."

To what does "it" refer?

do you have to file taxes for only fans income?

The threshold for being required to file a federal income tax return is very low, and there is almost no source of income that need not be declared on your federal return. You can use this tool at the IRS's web site to determine if you are required to file a federal return.

also is there any way I can do it all online?

Do what all? Tax filing software is ubiquitous.

 

[Zigner]

Huh?

From context, it is clear that the OP has started an OnlyFans account that is expected to make money.

To what does "it" refer?

OnlyFans.

The threshold for being required to file a federal income tax return is very low, and there is almost no source of income that need not be declared on your federal return. You can use this tool at the IRS's web site to determine if you are required to file a federal return.

True.

Do what all?

That's a great question.

Tax filing software is ubiquitous.

True.

 

[quincy]

New York
I have started an only fans and it states I have to fill out a "w9." do you have to file taxes for only fans income? also is there any way I can do it all online?

OnlyFans has a “help hub” that can help you set up your account and W-9.

All US content-creators must complete the W-9 form. The income you earn from your fans (whether through a subscription service or pay-per-view) is taxable.

 

[SaraTBahn]

Hello, it is nothing unusual. You have to print the W9 form, complete it, to sign it, after that you can scan it and send it back.

 

[PayrollHRGuy]

Hello, it is nothing unusual. You have to print the W9 form, complete it, to sign it, after that you can scan it and send it back.

Sara this thread is about 6 months old. When you posted there was a warning about not replying to old threads.